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Analysis: The many faces of social commerce in China

Inside Retail

The KAWS x Uniqlo collection when released usually sells out on the same day with product showing up on Taobao hours later selling sometimes 100x its retail price earlier that morning. The post Analysis: The many faces of social commerce in China appeared first on Inside Retail.

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Reports: PayPal in Talks to Acquire Pinterest for $45 Billion

Retail TouchPoints

“We could see how Pinterest could enhance engagement between consumers and merchants with PayPal being a central facilitator in the commerce journey, thereby feeding into the company’s vision of being a super app.”. Social Commerce Adds Synergies, but PayPal Must Integrate Them Correctly. for $4 billion in November 2019.

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Digital Is Turning Retail Into An On-Demand Model

Retail TouchPoints

For example, sustainable ‘rental fashion’ is one phenomenon taking over the industry as Millennial and Gen Z consumers, who value access over ownership, buy into the concept of hiring clothing at a fraction of the retail price.

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Message in a bottle: How social media has disrupted the fragrance sector

Inside Retail

In the first quarter of 2021, fragrance sales were up 45 percent from the year prior, despite the average retail price for fragrance products growing by 15 percent in the same time period. Data from Market.us shows the global fragrance market was valued at $49.8 billion in 2022, and is expected to reach $86.3 percent.

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Jason & Scot Show Episode 300 – Goodwill Finds CEO Matt Kaness

Retail Geek

12:35] Look it was an early social commerce player as far as leveraging Pinterest and things that you could do with. Order management system warehouse management system all the way down to the call center and the warehouse it was, um pretty pioneering on the web services side as far as. [12:35] Scot: [57:47] Yeah.